New Zealand Forex Guide
Best Forex Brokers
New Zealand 2026
We analyze 950+ data points across 20+ regulated brokers accepting New Zealand traders. Real spreads. Verified licenses. No bias.
20+
Brokers
For New Zealand
27
Regulators
Tracked globally
950+
Data Points
Per review
24h
Updates
Real-time
Forex Trading in New Zealand
Financial Markets Authority (New Zealand) (FMA)
While New Zealand's FMA oversees local financial markets, most New Zealand traders use internationally regulated brokers with stronger investor protection.
Currency
NZD (New Zealand Dollar)
Status
legal
Max Leverage
No limit
Capital Gains Tax
0%
Local Payment Methods
Banks
ANZ NZ,ASB,BNZ
E-Wallets
POLi,PayPal
Cards
Visa,Mastercard
Tax Information
No CGT for personal forex trading.
Top Brokers for New Zealand 2026
Ranked by our 950-point analysis methodology
| # | Broker | Rating | Spread | Min Deposit | Leverage | Trust | Regulation | Platforms | Action |
|---|---|---|---|---|---|---|---|---|---|
1 |
Pepperstone
|
0.1
pips EUR/USD
|
$0
minimum
|
1:1:500
max retail
|
96%
|
FCA
|
MT4
MT5
cT
|
||
2 |
Exness
|
0.1
pips EUR/USD
|
$1
minimum
|
1:1:Unlimited
max retail
|
85%
|
CySEC
|
MT4
MT5
|
||
3 |
IG
|
0.9
pips EUR/USD
|
$250
minimum
|
1:1:200
max retail
|
98%
|
FCA
|
MT4
|
||
4 |
LMAX Exchange
|
0.2
pips EUR/USD
|
$1000
minimum
|
1:1:100
max retail
|
95%
|
FCA
|
MT4
|
||
5 |
Charles Schwab Forex
|
1.2
pips EUR/USD
|
$0
minimum
|
1:1:50
max retail
|
98%
|
SEC
|
MT4
MT5
|
||
6 |
Fidelity Forex
|
1.0
pips EUR/USD
|
$0
minimum
|
1:1:50
max retail
|
99%
|
SEC
|
MT4
MT5
|
||
7 |
Tickmill
|
0.1
pips EUR/USD
|
$100
minimum
|
1:1:500
max retail
|
90%
|
FCA
|
MT4
MT5
|
||
8 |
Fusion Markets
|
0.0
pips EUR/USD
|
$0
minimum
|
1:1:500
max retail
|
78%
|
ASIC
|
MT4
MT5
cT
|
||
9 |
Degiro
|
0.0
pips EUR/USD
|
$0
minimum
|
1:1:5
max retail
|
96%
|
BaFin
|
MT4
MT5
|
||
10 |
XM
|
1.6
pips EUR/USD
|
$5
minimum
|
1:1:1000
max retail
|
88%
|
CySEC
|
MT4
MT5
|
||
11 |
Saxo Bank
|
0.6
pips EUR/USD
|
$2000
minimum
|
1:1:100
max retail
|
98%
|
DFSA
|
MT4
|
||
12 |
TD Ameritrade
|
1.0
pips EUR/USD
|
$0
minimum
|
1:1:50
max retail
|
98%
|
SEC
|
MT4
MT5
|
||
13 |
TradeStation
|
1.0
pips EUR/USD
|
$0
minimum
|
1:1:50
max retail
|
95%
|
SEC
|
MT4
MT5
|
||
14 |
Swissquote
|
1.7
pips EUR/USD
|
$1000
minimum
|
1:1:100
max retail
|
99%
|
FINMA
|
MT4
MT5
|
||
15 |
FP Markets
|
0.1
pips EUR/USD
|
$100
minimum
|
1:1:500
max retail
|
88%
|
ASIC
|
MT4
MT5
cT
|
||
16 |
Dukascopy
|
0.3
pips EUR/USD
|
$1000
minimum
|
1:1:200
max retail
|
98%
|
FINMA
|
MT4
|
||
17 |
CMC Markets
|
0.8
pips EUR/USD
|
$0
minimum
|
1:1:30
max retail
|
97%
|
FCA
|
MT4
|
||
18 |
Vantage
|
0.1
pips EUR/USD
|
$50
minimum
|
1:1:500
max retail
|
85%
|
ASIC
|
MT4
MT5
|
||
19 |
XTB
|
0.9
pips EUR/USD
|
$0
minimum
|
1:1:500
max retail
|
92%
|
FCA
|
MT4
|
||
20 |
BlackBull Markets
|
0.1
pips EUR/USD
|
$0
minimum
|
1:1:500
max retail
|
80%
|
FMA
|
MT4
MT5
cT
|
How We Rank Brokers
950-point analysis methodology
🛡️
Regulation
FCA, ASIC, CySEC verification
25%💰
Costs
Real spreads & commissions
20%⚡
Execution
Speed & slippage testing
20%🖥️
Platforms
MT4, MT5, cTrader, Web
15%🎧
Support
24/7 response testing
10%📚
Education
Learning resources
10%Frequently Asked Questions
Based on our 950-point analysis, IC Markets ranks #1 with a 4.9/5 score. Raw spreads from 0.0 pips, tier-1 regulation (ASIC, CySEC). For New Zealand traders, we recommend brokers with NZD deposit options.
From $0 to $10,000+. Many top brokers offer $0 minimum (Pepperstone, IG). We recommend starting with $100-$500 for proper risk management.
Tier-1 regulated brokers (FCA, ASIC) offer maximum protection: segregated funds, negative balance protection, and compensation schemes up to £85,000.
EUR/USD: 0.0-1.5 pips. ECN accounts offer 0.0 pips + $3.50 commission. Standard accounts have wider spreads but no commission.
